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med and Sayed are partners in A&S Partnership. Ahmed invests $250,000 and Sayed invests $450,000. They agree to grant salary lowance of $40,000 to Armed

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med and Sayed are partners in A&S Partnership. Ahmed invests $250,000 and Sayed invests $450,000. They agree to grant salary lowance of $40,000 to Armed and $60 owance on beginning capital balances and to share any remaining income of loss equally. A&S partnership reports net income of $100,000 for this year quired: Allocate the net Income between the partners LEASE SHOW THE CALCULATION FOR EACH PARTNER IN A SEPARATE LINE the toolbar, press ALT F10 (PC) or ALT EN F10 (Mac) med and Sayed are partners in A&S Partnership. Ahmed invests $250,000 and Sayed invests $450,000. They agree to grant salary lowance of $40,000 to Armed and $60 owance on beginning capital balances and to share any remaining income of loss equally. A&S partnership reports net income of $100,000 for this year quired: Allocate the net Income between the partners LEASE SHOW THE CALCULATION FOR EACH PARTNER IN A SEPARATE LINE the toolbar, press ALT F10 (PC) or ALT EN F10 (Mac)

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